5 / 56 Relevant items tagged with #FTX
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FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
[Apr 5 3:23 PM] In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule…
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
[Apr 5 5:34 AM] Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment…
After Sam Bankman-Fried’s Sentencing, Spotlight Turns to Former FTX Associates
[Apr 2 1:33 AM] After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX…
FTX Founder Sam Bankman-Fried Breaks Silence, Announces Appeal For 25-Year Conviction
[Apr 1 9:00 PM] In a recent interview with ABC News, Sam Bankman-Fried (SBF), the co-founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, spoke about his remorse and plans for an appeal following his recent 25-year prison sentence for fraud. FTX…
Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process
[Apr 1 1:19 PM] The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that…
Sam Bankman-Fried Deserves a Life After Prison
[Mar 28 10:49 AM] He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented.
FTX Founder Sam Bankman-Fried Sentenced By Judge To 25 Years In Prison
[Mar 28 10:30 AM] Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN…
BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison
[Mar 28 10:14 AM] In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a…
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
[Mar 25 2:00 PM] Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has…
FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
[Mar 25 10:50 AM] The value of FTX's FTT token surged 10% on the news.
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
[Mar 23 2:30 PM] John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring…
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
[Mar 22 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
Sam Bankman-Fried’s Defense Challenges ‘Super-Villain’ Narrative in Sentencing Debate
[Mar 20 5:05 PM] In a detailed letter to Judge Lewis Kaplan, the legal representatives for Sam Bankman-Fried, the embattled founder of cryptocurrency exchange FTX, have vehemently argued against the government’s recommendation for a 50-year prison sentence…
FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing
[Mar 18 11:20 PM] The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect…
FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'
[Mar 18 11:45 AM] London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims…
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’
[Mar 16 2:00 PM] In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for…
Pantera Capital Plans $250M Solana (SOL) Buy, Analyst Predicts Record Rally Toward $1000
[Mar 7 8:00 PM] Pantera Capital, a prominent crypto-focused asset manager with assets totaling $5.2 billion, has launched a fundraising campaign to purchase discounted Solana (SOL) tokens from the bankrupt estate of crypto exchange FTX. According to Bloomberg…
Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg
[Mar 7 6:03 AM] Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.
BlockFi Settles With FTX, Alameda Estates for $874.5M
[Mar 6 5:26 PM] The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.
Analyst: OP Is Undervalued But Will Skyrocket Because Of Coinbase And Base
[Mar 1 12:00 PM] Adam Cochran, a partner and professor, is bullish about OP, the native token of Optimism, the layer-2 scaling solution for Ethereum. Taking to X, Cochran is convinced OP is undervalued, pointing to the significance of Coinbase and the brand it has…
A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
[Feb 29 12:30 AM] In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of…
Solana Veterans Raise $17M for 'Backpack' Crypto Wallet, Exchange
[Feb 28 7:00 AM] Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
[Feb 23 12:17 AM] The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.
Behind MDC Walls — Independent Reporter Captures Photo of Sam Bankman-Fried’s New Reality
[Feb 20 7:30 PM] This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency…
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
[Feb 20 1:02 AM] Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.
Alameda Research’s Worldcoin Investment Hits All-Time High, Exceeding $50M As WLD Price Climbs
[Feb 19 8:00 PM] Worldcoin, the digital identity token ERC-20 project on the Ethereum (ETH) blockchain, has garnered significant attention. Its native token, WLD, emerges as the top performer among the top 100 cryptocurrencies by market capitalization. The token…
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
[Feb 19 5:44 AM] However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
[Feb 16 8:01 AM] Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.